Startup Funding

Edutainment startup Emomee bags Rs 2 crore funding after sparking a bidding war on Shark Tank India Season 5

Emomee, a Mumbai-based children’s edutainment startup, has secured an investment of Rs 2 crore for a 4% equity stake on Shark Tank India Season 5 , valuing the company at Rs 50 crore. Founded by Varun Duggirala and Pooja Jauhari, Emomee is a micro-story universe for children that publishes short-form stories every day on YouTube. The content is designed to help children between the ages of 3 and 8 years learn real-life skills such as emotional regulation, communication, and problem-solving beyond conventional classroom education. The founders initially sought Rs 1 crore for 2% equity, but the pitch quickly escalated into a competitive bidding situation, with all five Sharks—Aman Gupta (boAt), Anupam Mittal (Shaadi.com), Namita Thapar (Emcure), Kunal Bahl (Snapdeal), and Mohit Yadav (Minimalist) expressing interest in partnering with the brand. During the episode, Aman Gupta revealed his long-standing professional association with Varun Duggirala, stating that Varun and his creative ...

Startup Funding

Masayoshi Son's Softbank sells 2.15% stake in Indian EV maker Ola Electric via open market

Japanese investment giant SoftBank Group has reduced its holding in Ola Electric Mobility Ltd by selling a small portion of its stake through open-market transactions. Despite the reduction, SoftBank continues to remain one of the company’s largest shareholders. According to regulatory disclosures filed with stock exchanges, SoftBank’s investment arm, SVF II Ostrich (DE) LLC, sold nearly 9.5 crore equity shares of Ola Electric between September 3, 2025, and January 5, 2026. The cumulative sale represents about 2.15% of the company’s equity and triggered mandatory disclosure after crossing the 2% threshold prescribed under takeover regulations. Before these transactions, SVF II Ostrich held 69.16 crore shares, representing a 15.68% stake in Ola Electric. After the sale, its holding declined to 59.7 crore shares, or a 13.53% stake. The regulatory filings did not state the reasons for the divestment. This was not the first time SoftBank reduced its exposure to Ola Electric. Between Jul...

Industry Trends

WhatsApp Tests Parental Controls With Child Accounts on Android

WhatsApp testing parental controls with child accounts comes in the backdrop of increased obligations on platforms on how to process children's data, especially parental authorisation. The post WhatsApp Tests Parental Controls With Child Accounts on Android appeared first on MEDIANAMA .